Since 1 July, the EU has levied a โ‚ฌ3 customs duty on parcels worth under โ‚ฌ150 and the measure is already biting as imports, especially from China, have slumped by 30% to 40%.

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[+] -18 points 21 hours ago (2 children)

Plunge implies downward movement.

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  • [โ€“] 33 points 21 hours ago* (1 child)

    Which... Is the case?

    the number of small parcels imported into the EU has fallen by 30 to 40% since the introduction of the tax.

    Between June and July, sales volumes slumped on Temu (-50%) and AliExpress (-37%).

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  • [โ€“] 2 points 11 hours ago

    Ok, i misunderstood the title. I though it meant plunged (from) 30 to 40, not plunged (by) 30 to 40 percent.

    With the two numbers, i interpreted that the value has changed from one to the other, not that it decreased by a range of values. It seemed more intuitive to me.

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